All posts tagged "OBU accounts"
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555TaiwanTaiwan FSC Approves Relaxations on OBU Account Use
Companies are given greater flexibility to open and use offshore banking unit accounts held with domestic banks to take out foreign currency loans.
March 11, 2022 -
380Taiwan
Taiwan FSC to Increase Flexibility of OBU Account Regulations
Restrictions on fund movements and parking of funds in offshore banking unit accounts will be eased, the FSC said.
December 8, 2021 -
827TaiwanTaiwan FSC Issues New Rules on Domestic OBU Accounts
About 90,000 of Taiwan's 130,000 OBU accounts are owned by overseas firms that are actually Taiwanese companies.
September 28, 2020 -
647TaiwanTaiwan to Allow Local Firms to Open Domestic OBU Accounts
The FSC and central bank have agreed to allow local companies to open OBU accounts at domestic banks to facilitate their access to foreign currency borrowing.
May 22, 2020
